Richest BusinessCEOs
Net Worth:
$700 Million
Beit Ur al-Tahta
Entrepreneur, Businessperson
💰 Compare Farouk Shami's Net Worth

What is Farouk Shami's Net Worth?

Farouk Shami is a Palestinian-American businessman who has a net worth of $700 million. He is best known as the Farouk Systems, a hair-care and spa products company. A dropout from the University of Arkansas where he studied cosmetology, Shami didn't need a degree to spend decades working in the field of hair-care product development. Actually, he was the one to invent the first ammonia- free hair color.

Today, his Houston-based Farouk Systems, has 2,000 employees and exports its line of hair and skin care products under the following brands: BioSilk, SunGlitz and Cationic Hydration Interlink (CHI). They are transported to more than 106 countries in the world. Aside from setting up a successful cosmetics business, Shami entered politics in 2009 when he ran in the 2010 Texas gubernatorial election. Unfortunately, he lost in the Democratic primary.

All net worths are calculated using data drawn from public sources. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. We welcome all corrections and feedback using the button below.
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